We are actively considering opportunities that align with our long-term goals and looking to open new parks in tier 1 and 2 cities.

Surya Roshni Ltd is one of India’s largest players in the lighting segment.

Chemfab Alkalis share price gave 82 per cent return to investors in two months due to its strong quarterly results. 

Navneet Education Limited scrip hit its three-year high due to strong Q1FY23 numbers. 

The company reported much-improved quarterly performance in Q1FY23 by registering astonishing healthy growth in the top-line as well as the bottom line.   

Interestingly, the company also managed to turn its year-ago quarter’s net loss of Rs 29 crore into a profit of Rs 15 crore for Q1 of FY2023.

Considering a 50 per cent discount comes to Rs 8,510.10 crore. So, the standalone value of the business would be Rs 1,444 crore! Isn’t it amazing that we are getting the entire business at such a cheap valuation? 

The e-bus division has recorded a revenue of Rs 279.4 crore for the quarter ended June 30, 2022, against Rs 23.4 crore for the corresponding quarter ended June 30, 2021, resulting in significant growth of 1,096 per cent mainly due to the supply of electric buses (169 buses in Q1 22-23 against only 11 buses in Q1 2022-23) and higher operating income recorded in the current quarter from Pune bus operations.  

The stock also witnessed a triangular consolidation pattern of 27 trading sessions and has been trading above its 20-DMA. Moreover, the 20-DMA is on a rising trajectory. The daily 14-period RSI is seen rebounding after forming a base at the nine-period average thereby, supporting the positive bias.